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HomeMy WebLinkAbout0839 24633~ ~ 1NI5 INDENTURE. Mad~ the ~ 22nd day of January A.D. 19~~, berwecn Williaa C. 8ooth and Avalon L. Booth, his w~4 - : of t'~3e ~pr~ry ry~;da, hereinafte? desgasted as the "MORTGAGOR," and FIRST FE~ERAt SAVINGS ANU IOAN ASSOCIATION Of FORT PIERCE, s corpaation org~nized and eait~i~g under ~he law~ o( tha Un~ted Stat~t of Americ~ a~d havi ~ itr principal place of ousinau in tM City of Fort Pis?cs, S~. Lucis County. Florida, hercinafter deaignated as the "MORTGAGEf." 24 300 00 WHEREAS ths MORTGAGOR is justfy indebted ro ths MORTGAGEf +n the sum of S ~ • good arx! lawfut money of the Un~ted S~ates advarxed by the MORTGAGEE unto the MORTGAGOR, as evidznced by a cenain promisswy note of even date herewith,.of whith the following in word24'~~e.Ot~a t~ue copy, to-w~t: 10019309 i ~ Faf Pieres, ftaida, ~anua,ry 22 19 73 Foi value received, 1, we w eithe~ of us, prom~x to pay, wilhout defalcat~on, to the order of fIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at fort Pierce, Florida, thr sum of S24 t 3~ wirh intrrest irom date at the ?ate of 7• 7~ per a~num, in monthly install- ornn as fol!ows: 3~84•~ o~ the lOth day of ~reh ~9 73 and a like sum on the correspond~ng day of each month therr atrer unril ~he whole be fully pa~d. Eath instal;ment first shall be applied in payment of the interest and thrn on the unpaid balance of the prindpa! sum. lf default is msds in the Faiment of any installment when due, and such default continues 30 days, the~ at the option of the holder, and without any other notice, all the remaining ~nstallments shall be due and payable at o~ce. Privilege is given to prepay this note in whole or in part at any t~me wiihout penalry. tJeiNrer fwebea~ante, ~or accep~ance by the holder thereof after any defautt in ar.y payments hcreon: snall be deerned extens~on. A late payment cha~ge ot S 9• 2O, shall be ad~ed to each installment remaining u~pa~d 7 days after its due date, and a tike sum shall be added to each such installment remaini~g ~npaid 7 days aitet each succeeding payment date_ Each maker, surety and endaser hereof, jointly and severally, waives demand, presentment protest and notice of p~otest for nonpaymen?, and further agrees to any extens~on oi fime o! payment, either befwe w after mawriry, wi~hout notice to any of us; and to pay all costs of collection, includ~r?p e re.~sonable attorney's fce in the event oF any default heteundrr, and hereby severally waives all benefit of homestead and exemptio~ under the conatitutan a~d laws of each State of ~he United States, as agains~ this obligatioo or any eztension or aenewa! hereof. Witness the hand and seal of each parry. s/ willia~ C . Booth ~A~ (SEAI) (SEAI) 36 45 ' s/ Avw 1 en L_ e nn~t h ~q~ ( ~ ~ ~ State Revenue ~ NOW, THEREFORE, the MORTGAGOR fp the r 24 3~ ~ ` po pose of securing payment of said aum of S_ ~ • and the performance of the . covenants and agreements here~nafter expressed, and (or divers good and vatuable consideratans, by these prese~ts, doe~ g~ant, baryain, sell, remise, ' ~elease, convey and cQn fi?m ~unto the MORTGAGEE, its succeuors and au~gns, alI that certain iot, piece or p~rcel of land, situste, lying, and being in the Coun of $t . LI~C le ~Y a~d State of Flwida, desaibed u follaws: Lot 11, Block 2, SUNRISS HOI~B,SITES, as per plat thereof on file ir~ Plat Book 13, Page 14, of tne public records of St. Lucie County, Florida. i ~ i ; } _y- N c~, r.~e ~ SQ M 1 D~~~ i " 0_UMENjARY - ~ ~ ~ pEPL OF PEYENtlE _ ' ~ C• ~ ~ , _ =,,.::23'i~. a ~ RECElYED 6G IN PAYMEt1T OF ?A~t3 c~ ~ ~ ~1t~02 ~ DUE ON CI,ASS'C' INTAN6IBLF PE~SO'!~i P"Q~RfY, PURSIIANT TO t~1APiER 71-134. ACTS Of Iyli. R06ER POliRI~ ~r~ CLEi~( CIRLYIIT COURT~ ST. LIICIE 00~ ; I }ogether with atl and singular the tenements, hereditamenti ~nd appurtances fhereunfo belo~ging u in anywix appertaining t?roreto, +nd all rentt, issues, proceeds and profits accruing and to acaue from s~id premixs, all of which sre irxluded in the sbove and fwegang desvipYwn and hsbendum. TO HAVE AND TO ~LD the above descr~bed and granted premises unto the said MpRTGAGEE, its s~ccessors and auigns forever. And tFw said MORTGP.GOR for - the1Z heirs, executors, administrators and assigns, hereby covenants with the s+id MORTGAGEE, its succeuws ~nd ~ssipm, ~hat _ they_ are ~aWf~u seizcd of the said y premises in fee simple; that the same are f~ee, cles? and discharged from ali tiens and enc~m- brances in Iaw or in equity, and that t~3/ will and t~QiT - F~ein shatl warrant and defend the tiNe to the same to ehe said ' :.IORiGAGEE, its successors arxl ass;gns, faever sgainst the lawful daims and dcmands of all persoos; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefae dexribed and shsll truly, ptomptly an:; fully perform, dixMrge, execute, complete, comply with and abide by each and every the s•ipulations, agreemenfs, conditions and cwenanb of said promiswry note and of this Morrgage, then thi~ Mortgage and fhe Estate hereby aeated shall cease snd be null and vo':d_ li !S UNDERSTOOD that tlx word "Mortgagor" whether in the s~ngular w plural anywlxre in this Matgage, shslf be sirgular if one only and , shall be plural jointly and severally if more than one, and that the wwd "their" as used anywhere in this Mortgsge shall bt take~ to meso "his;' "hers," or "its;' wherever the co~texr so implies o~ admin. Alw, that whrrever there is a refeience in tl~e covensnri snd agreements herein tontained to any of fhe pa?ties hereto, the same shall be construed to rt:ea~ as well ss the heirs, Iegal representative~, successors a~d assig~u (either votuntary by ~ct of th~ u partia or involuntsry by operatwn of the law) of the same and that the covenants herein contai~ed shstl bind ~~d the btnefits ar+d sdvantaQes inws to the iespective heirs, legsl reprexntstives, successors and ass~gns of the parties hereto. And said Mortgsgors, fw fhcroselves and tF~eir heirs, legal repreuntatives, successors and sssigns, hereby jantly and severslly covensnt •nd sqree so and with the said MORTGAGEE, its successors and assigns: 1. To pay all and singular the princ;pal and interest snd the various and sundry svms of money payabte by virtue of said promissory ~ote, and this mortgage, eacb and every, prompiiy on the dayi respectively tF~e same severally betome due. 2. To pay all and singular tix taxa, assessments, levies, liabi~ities, obligatio~s and encvmbrances of every ~ature and kind npw on said described property, or that hereafter may be imposed, suffered, pl~ced, levied, w auessed thereon, a that hereafter may be levied or usessed ~pon this Mori¢ age, or tl+e indebtednti~ secured he~eby, exh snd eve~y, when dve +nd payable, sccwding to law, befors they become delinqueM, snd befwe ~ny interest arrachea w any penalty is incurrcd; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPtIY SATISfIED AND DI$CHARCsED OF RECORp AND THE ORIG(tVAI OFF(CIAI DOCUMENT (SUCH AS, fOR INSTAtYCE, THE ?AX RECffPT OR 1HE SATlSfACT10l+! PAPER OFfIC1AlLY ENDORSED OR CERTIFIED) SHAII BE PtACED IN THE HANDS OF $AID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thcreof is not pa~d, sat'sfied and dixhsrged sa:d MORTGAGEE may at any time psy the aame w any part thereof wisho~t waiving or affeding any option, lien, equity or •~qhr under or by virtue of this mortgage and the full amount of each and every such payment shall be immcdiately dve and payabte snd shall bea~ interest irom the date thereof until paid at rste of n~ne per centum per annum and together w~th such inte~est shall be r ~ lien o( th:s morgts9e. EC K~~ t?Gf - $ _ _ . . ~ ~ , - ~ ~.x.,~: ~ ~ ~ . ~ _ . ~ ~